3. All sums payable to the Government as land revenue, rent or fee on account of use and occupation of land, or as premium or selami on account of settlement of land, or as interest or damages on arrears of such land revenue, rent, fee, premium or selami, and all amounts payable to the Bangladesh as costs of any legal proceeding for recovery of such sums, under any law for the time being in force or any contract or any order, declaration or decree of a Court which were outstanding and unpaid at the end of the 31st December 1960, expressed in taka, annas and pice or pies shall be converted to their equivalent value in taka and poisha at the rate of ¹[* * *] one hundred poisha, a fraction of a poisha up to one half being disregarded and that above one half being regarded as one poisha.